With its share price down some 20% so far this year and off more than 40% from a peak last summer, Netflix is hoping for a turnaround story.
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The domestic box office has pulled in nearly $4.5 billion so far this year, the highest mark for the period since 2019, according to Rentrak.
If, at first, Discovery, AT&T, AOL, Time and others fail? Well, David Ellison is going to go ahead and give Warner Brothers a try anyway.
In its fourth-quarter earnings call last week, Roku announced its platform revenue grew 18% year-over-year to reach $1.2 billion.
Shares of Barbie-maker Mattel plunged 25% on Wednesday following a massively disappointing after-the-bell earnings call the day before.
Whoever gets named to the head job will have the tough job of turning Iger’s late-era ambitions into reality.
Some user-generated Sora videos will also make their way onto Disney+, and ChatGPT will become available to Disney employees.
The straight-to-shareholders pitch rests in part on the argument that a Paramount takeover is more appealing to regulators.
A potential tie-up would come at an interesting crossroads for the theatrical industry and its longtime nemesis, Netflix.
Whether it pursues the box office or not, Netflix is clearly interested in catering to the extroverts among us.
Warner Bros. Discovery entered the year stuck in media conglomerate mud, with its eponymous film studio in especially bad shape.
While Apple has been able to produce a string of TV hits, making successful movies has proven a little more difficult.
Like the rest of its pre-streaming Hollywood peers, Warner Bros. Discovery finds itself trapped between two eras.
The cable-dependent legacy media players spent the 2010s helping to sharpen the Netflix-issued cord-cutting clippers.
With Hollywood conquered, Netflix has a new goal: reach a $1 trillion market cap by 2030, according to a Wall Street Journal report.
A Minecraft Movie is lighting the box office on fire. It’s a much-needed win for the battered Warner Bros Discovery.